$FET Short Trading Signal
Decline after the rise — momentum fading below $0.94!
It rose to $0.938 before facing strong rejection.
And now it is declining to $0.871.
The sharp reversal after the peak indicates profit-taking and weak buying momentum.
If it fails to reclaim $0.89 quickly, it is likely to head towards support.
The structure is shifting to a short-term bearish trend as strong red candles follow a sharp rise.
Momentum indicators are cooling down, suggesting that bulls may avoid the market unless strong recovery volume returns.
Trading Setup (Short):
Entry Zone: $0.870 – $0.880
Targets:
1 : $0.838
2 : $0.810
Stop Loss (SL): $0.900
Buy and trade here on $FET